Bitcoin Price Prediction

Bitcoin Price Prediction
Bitcoin Price Prediction 2/23/2018

Even though the US Dollar is complete garbage, that’s what the world currently uses as a measure of value. With that in mind I will use the dollar in this price prediction.

 

Current date: 8/11/2018 (1st Dtube video)

Current BTC USD price: $6,151.29

 


I did this price prediction back in February (2/23/2018) so that’s the numbers I’ll be using. You can always readjust with the swings in the market and update the current doubling time. This would likely drive you crazy since bitcoin is a wild beast and always fluctuating based on human emotions. I chose to stick with my February prediction since it’s half of bitcoins all time high of $20,000 and I think it gives us a conservative prediction.

 



Prediction #1

7/17/2010 BTC USD price $0.05

2/23/2018 BTC USD price $10,000

 

91 Months/2,730 days. 6 Month doubling time
(BTC doubles every 6 months, 2 times every year)

 

2018 = $40,000

2019 = $160,000

2020 = $640,000

2021 = $2,560,000

2022 = $10,240,000

2023 = $40,960,000

2024 = $163,840,000

 



Prediction #2

2/23/2015 BTC USD price $245.00

2/23/2018 BTC USD price $10,000

 

36 months/1,080 days. 4 month doubling time
(BTC doubles every 4 months, 3 times every year)

 

2018 = $80,000

2019 = $640,000

2020 = $5,120,000

2021 = $40,960,000

2022 = $327,680,000

2023 = $2,621,440,000

2024 = $20,971,520,000

 


These numbers may look outrageous, especially when you see $20 billion for 1 BTC.

Consider this:

Bitcoin Price Prediction
Zimbabwe Money

That’s a real note from Zimbabwe, just like real federal reserve notes in America, aka the US Dollar. A single bill worth 100,000,000,000,000. One Hundred TRILLION Zimbabwe Dollars. When money has no controls and can be printed in any amount, this is what happens. It’s only a matter of time before all fiat currency goes to 0.

 

Bitcoin is infinitely more valuable than the US Dollar. BTC is decentralized, the USD is controlled by one small group. There will only ever be 21,000,000 BTC, there is an unlimited amount of USD.

 

There are over 7 Billion people in the world and there will only ever be 21 million bitcoin. This means that 6,979,000,000 people can never own 1 whole Bitcoin! Owning 1 whole bitcoin is extremely rare and puts you in the 0.3% of the worlds population. 

 

1 Bitcoin breaks down into 100 Million pieces so there will be plenty of ‘pieces’ to go around. The smallest denomination of a bitcoin is known as a Satoshi and is shown as 0.00000001

bitcoin gif

Will you own 1 full bitcoin?

 

2 Comments on “Bitcoin Price Prediction

Leave a Reply

Your email address will not be published.